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  • Narayana Murthy welcomes FM's efforts to reach India Inc Aug 01, 2011 09:04 PM IST

    Narayana Murthy welcomes FM's efforts to reach India Inc

    Finance minister Pranab Mukherjee toady discussed the state of the economy, reform agenda and crucial policy changes top leaders of Indian industry including Ratan Tata, Anil Ambani and Sunil Bharti Mittal.

  • FM lends an ear to India Inc, industry feels reassured Aug 01, 2011 08:00 PM IST

    FM lends an ear to India Inc, industry feels reassured

    The Finance Minister Pranab Mukherjee met top leaders of Indian industry - including Ratan Tata, Anil Ambani and Sunil Bharti Mittal to discuss the state of the economy, the reform agenda and crucial policy changes.

  • Sibal sets up probe on delays in mobile service rollouts Jul 15, 2011 10:20 PM IST

    Sibal sets up probe on delays in mobile service rollouts

    Against the backdrop of allegations of favouring Reliance Communications by reducing penalty on the company, Telecom Minister Kapil Sibal today set up an enquiry committee under Telecom Secretary to look into cases of delay in the rolling out of mobile services as provisioned under the USOF scheme.

  • 2G scam: HC refuses to entertain plea against Ambani, Tata Jul 13, 2011 02:00 PM IST

    2G scam: HC refuses to entertain plea against Ambani, Tata

    The Delhi High Court today refused to entertain a petition seeking a direction to the CBI to make Reliance ADAG chairman Anil Ambani, Tata Group chief Ratan Tata, corporate lobbyist Niira Radia and DMK chief M Karunanidhi's wife Dayalu Ammal, as accused in 2G case.

  • RMW partners Digital Domain for studios in Mumbai, London Jul 12, 2011 11:18 AM IST

    RMW partners Digital Domain for studios in Mumbai, London

    Anil Ambani-led Reliance MediaWorks (RMW) today said it has partnered with Los Angeles-based Digital Domain Productions for visual effects and 3D Stereo Production services studios in Mumbai and London.

  • 2G scam: CBI's stand on Anil Ambani questioned Jul 07, 2011 10:13 PM IST

    2G scam: CBI's stand on Anil Ambani questioned

    CBI's decision not to charge sheet Anil Ambani, Chairman of ADAG Group, in the 2G spectrum scam was today questioned in the Supreme Court by an NGO which alleged that he was making attempts to cover up his involvement by influencing his arrested employees.

  • Tata Power Vs R-Power: SC adjourns final hearing Jul 04, 2011 09:39 PM IST

    Tata Power Vs R-Power: SC adjourns final hearing

    The Supreme Court today adjourned the final hearing on Tata Power's plea challenging the government approval to Anil Ambani group company R-Power to use the excess coal, mined from captive mines meant for the Rs 20,000-crore Sasan Power, for other projects as well.

  • New India Assurance tops auto insurance survey Jun 29, 2011 09:41 PM IST

    New India Assurance tops auto insurance survey

    Public sector insurer New India Assurance has been ranked top, while Anil Ambani group's Reliance General is at 10th in a customer satisfaction survey of auto insurance firms by market research firm JD Power.

  • Reliance Infra in talks for stake sale in units Jun 22, 2011 07:25 PM IST

    Reliance Infra in talks for stake sale in units

    Reliance Infrastructure, controlled by billionaire Anil Ambani, is in talks with investors and funds to sell stake in its roads, metro lines, and transmission businesses, its chief executive said on Wednesday.

  • RCom adds 2.5m wireless customers in May Jun 21, 2011 12:12 PM IST

    RCom adds 2.5m wireless customers in May

    A company statement said Reliance Communications achieved the 'highest new wireless customer additions in May, 2011'. India has already surpassed US as the second largest wireless market, just behind China.

  • 2G scam: Will Ratan Tata and Anil Ambani be chargesheeted? Jun 10, 2011 04:00 PM IST

    2G scam: Will Ratan Tata and Anil Ambani be chargesheeted?

    One of the questions that many in the corporate and legal world have repeatedly asked themselves is 'will Ratan Tata and Anil Ambani be chargesheeted and arrested as progress over the 2G scam proceeds?'

  • If Rel Infratel is sold, RComm may rally 15-20%: Udayan Jun 09, 2011 10:51 AM IST

    If Rel Infratel is sold, RComm may rally 15-20%: Udayan

    The new noise is getting louder on RComm's tower sale business, with specific names of specific parties and valuations doing the rounds. Investment banking sources will tell you that it might happen in the next two-three weeks if not earlier, says CNBC-TV18's Udayan Mukherjee.

  • 2G scam: Anil Ambani visits ADAG executives in jail Jun 08, 2011 08:18 PM IST

    2G scam: Anil Ambani visits ADAG executives in jail

    Anil Ambani visited Tihar jail, on Wednesday, to meet senior executives of the Reliance ADA Group that have been in judicial custody since April 20.

  • US firm Crown Castle joins race for Rel Infratel: Sources Jun 08, 2011 02:00 PM IST

    US firm Crown Castle joins race for Rel Infratel: Sources

    US-based firm Crown Castle is likely to have joined the race to buy a stake in the tower unit (Rel Infratel) of Reliance Communications’, reports CNBC-TV18’s Kritika Saxena quoting sources.

  • Road to FCCB Redemption Jun 04, 2011 11:40 AM IST

    Road to FCCB Redemption

    The FCCB rush has come back to haunt India Inc! Over USD 11 billion of foreign currency convertible bonds will mature over the next one year or so.

  • Pleas against Tata, Ambani were genuine: Balwa's counsel Jun 02, 2011 06:00 PM IST

    Pleas against Tata, Ambani were genuine: Balwa's counsel

    In an interview with CNBC-TV18, Vijay Agarwal, Counsel for Shahid Balwa said that the court dismissed the plea saying that the applications lacked of substance on the matter and took unnecessary time of court.

  • Rel Comm's nasty cut has no fundamental push: Tulsian Jun 02, 2011 05:09 PM IST

    Rel Comm's nasty cut has no fundamental push: Tulsian

    The 2G Trial Court has dismissed plea for probing against Reliance ADAG chairman Anil Ambani, Tata group chief Ratan Tata and corporate lobbyist Nira Radia and Dayalu Ammal in the 2G case, reports CNBC-TV18.

  • RComm says gets offers for stake in tower arm May 31, 2011 02:48 PM IST

    RComm says gets offers for stake in tower arm

    Reliance Communications said on Tuesday several firms had offered to buy out its controlling stake in its tower arm.

  • Reliance MediaWorks board approves $111 m rights issue May 29, 2011 03:16 PM IST

    Reliance MediaWorks board approves $111 m rights issue

    The board of film and entertainment company Reliance MediaWorks has approved raising up to five billion rupees (USD 111 million) through a rights equity issue, the company said.

  • Make public reasons for not charging Ambanis: CIC to CBI May 27, 2011 08:40 PM IST

    Make public reasons for not charging Ambanis: CIC to CBI

    The Central Information Commission has directed the CBI to make public reasons for not including names of top Indian industrialists Mukesh Ambani and Anil Ambani in the ISD call re-routing case in which some top executives of Reliance Infocomm were named accused.

  • Reliance Comm draws third tranche of loan from China bank May 27, 2011 10:55 AM IST

    Reliance Comm draws third tranche of loan from China bank

    Reliance Communications has drawn Rs 1,200 crore in the third tranche of a loan from China Development Bank to refinance short-term debt the Anil Ambani group company took for acquiring third generation or 3G spectrum.

  • RCom adds 2.94 million wireless customers in April May 24, 2011 09:20 PM IST

    RCom adds 2.94 million wireless customers in April

    Anil Ambani's Reliance Communications, which offers GSM and CDMA mobile services, said it added 2.94 million new mobile users in April.

  • Reliance ADAG to invest in mining infra in Indonesia May 18, 2011 03:44 PM IST

    Reliance ADAG to invest in mining infra in Indonesia

    Reliance ADA Group, a leading Indian conglomerate, will invest between USD 5 billion and USD 10 billion in mining infrastructure in Indonesia.

  • Reliance Comm gets second tranche of loan from China Bank May 12, 2011 12:18 PM IST

    Reliance Comm gets second tranche of loan from China Bank

    Reliance Communications has drawn Rs 1,780 crore in the second tranche of a loan from China Development Bank.

  • RComm redeems rest of convertible bonds May 11, 2011 09:14 AM IST

    RComm redeems rest of convertible bonds

    Reliance Communications, India's second-biggest mobile carrier by subscribers, said on Tuesday it has redeemed the outstanding foreign currency convertible bonds from a five-year, USD 500 million issue at a premium of 25.84%.

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